ORGANON & CO (OGN) Stock Technical Analysis
NYSE:OGN - New York Stock Exchange, Inc. - US68622V1061 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to OGN. In the past year, OGN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
95% of all other stocks performed better in the past year than OGN.
OGN is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 74% are performing better than OGN.
OGN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OGN is lagging the market.
In the last month OGN has a been trading in the 8.23 - 10.36 range, which is quite wide. It is currently trading near the high of this range.
OGN has an average volume of 6318470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
OGN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.09
16.33
2 important support areas can be observed.
- A support zone ranging from 9.65 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.05 to 10.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.37 from a trend line in the daily time frame.
- Resistance @16.17 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for OGN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGN is up. |
| ChartMill Relative Strength | 5.61 | NEGATIVE | OGN has a low relative strength, it was outperformed by 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.49 | NEUTRAL | The RSI value for OGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests OGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.32 | OVERBOUGHT | The high Stochastics value suggests OGN may be overbought. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for OGN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for OGN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.04
-0.03 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.3%
1 Week5.02%
2 Weeks8.89%
1 Month14.48%
3 Month-34.42%
6 Month-34.38%
12 Month-50.78%
2 Year-51.75%
3 Year-70.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.36%
ATR Inc-13.17%
Range Today0.36
ADR(20)0.42
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.61
Mansfield-4.03
10 Day High10.36
10 Day Low8.82
20 Day High10.36
20 Day Low8.23
52 Week High23.1
52 Week Low8.01
CS1 End9.7
CR1 Start10.05
Volume & EV
DER(3)-1.65%
DER(5)0.61%
Volume3.34M
Volume Incr-31.09%
Vol(5)3.97M
Vol(50)6.32M